A significant event in the cryptocurrency market is anticipated as Bitcoin approaches the $100,000 mark. Various reports indicate that between $900 million and $1.5 billion worth of Bitcoin shorts are poised for liquidation at this price point, with $984 million and $500 million being the specific amounts mentioned. Michael Saylor, a prominent Bitcoin advocate, is expected to play a role in this scenario. This potential liquidation could trigger a substantial short squeeze in the market, leading to increased volatility and potential price surges.